$BTC Price Action: Bitcoin is trading at $104,015.75, up 1.079% in the last hour. The 24-hour range shows a low of $100,718.37 and a high of $104,394.61, indicating a bullish trend. The price has risen from a low of $78,464.36 (as seen on the chart) to the current level, a significant upward move.Volume: The volume is 14,740.286 BTC, with an On-Balance Volume (OBV) of -585,850.14, suggesting some selling pressure despite the price increase. This divergence could indicate potential profit-taking or distribution.Moving Averages (MA):MA(5): $101,428.47425 (short-term trend, bullish as price is above this).MA(10): $100,315.94487 (longer-term trend, also bullish as price is above this). The price crossing above both MAs signals strong bullish momentum.Support and Resistance:Support: Around $101,169.08 (recent consolidation level) and $95,150.96 (a prior resistance now acting as support).Resistance: Near $107,187.21 (recent high on the chart). A break above this could target $110,000, aligning with market sentiment from #CryptoCPIWatch.Market Context (from #CryptoCPIWatch):The lower-than-expected U.S. CPI data (2.3% vs. 2.4% expected) released earlier today has fueled bullish sentiment, as it raises expectations of Federal Reserve rate cuts, boosting risk assets like Bitcoin.Bitcoin’s key support at $60,000 and resistance at $63,000 (mentioned earlier) are outdated given the current price, but the chart aligns with the bullish outlook of Bitcoin nearing $103,000-$104,000 $ETH $XRP #CryptoCPIWatch #CryptoRoundTableRemarks #BinanceAirdropNXPC